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Vetting Tenants — How we protect the landlord’s interests.

Vetting Tenants — How we protect the landlord’s interests.

What we seek in Stanley renters

In Stanley, Nesbitt Realty prefers to work with reasonable tenants. Here are a few of the traits we look for.

  1. A renter pays the rent on time every time. This means paying on or before the first, rather than at 5 pm on the 5th.
  2. A tenant is trustworthy. A tenant does not sneak in a co-tenant or pet.
  3. A renter is reasonably clean. A tenant does not attract pests such as rodents and bugs.
  4. A renter does not misuse the property.
  5. A tenant is courteous and easy to work with. A renter understands the difference between a property manager and a hotel concierge.
  6. A tenant doesn't disturb neighbors.
  7. A renter complains when appropriate. tenants that don't report maintenance issues cost real estate investors money and cause issues for property managers.
  8. A tenant doesn't gripe when it's not appropriate. This means that a tenant doesn't demand to upgrade functioning systems. A tenant doesn't expect more than the lease provides. A renter doesn't complain that an appliance doesn't work when the renter doesn't know how to operate the appliance.
  9. A renter does not smoke in the property.
  10. A renter is looking for a rental term that is as long as the owner wants to rent the property.

So this is what we're looking for in a tenant, but how do we find tenants who live up to this ideal? Experience has taught us that unreasonable renters can appear as polite, nicely-dress, well educated people with jobs. We have a nose for sniffing out difficult renters.

 

Our Five Step Process

Fair Housing Laws and our conscience dictates that we do not judge potential tenants in Stanley based upon appearance.  Experience has taught us that appearances can be very decieving. We do however judge applicants based upon their track record and their actions. If a applicant is difficult with our staff from the beginning, they will probably be troublesome as tenants. If a is dishonest, we will expect them to be unreliable as a renter.  If a has difficulty producing money for background fees and the first month of rent, we can expect that same applicant will have troubles during the lease.

But even if every action initially is good we still vet each person with a full background check. Every person and occupant must submit a government-issue photo identification. From there, as rental we start our vetting process.

How we protect the landlord’s interests in Stanley:Nesbitt Realty is committed to Fair Housing

  1. We Check The Applicant’s Credit History
  2. We Investigate The Applicant’s Criminal History
  3. We Investigate The Applicant’s Rental History
  4. We Look For Internal Consistency In The Rental Application
  5. We Want To Know If The Applicant Can Afford The Rent

Stanley Rental Management Resources

Our recommendation

After the background check is reviewed we make a recommendation to the owner based upon our experience as rental managers in Stanley and the information that we have verified. Ultimately the owner decides if the risk is worth taking, but they make that decision based upon facts and our expert advice.

Should you know more about the local real estate market?

Our Guide to Real Estate is a handy resource for everyone who needs to investigate real estate facts about Stanley and neighboring areas.  The Guide to Real Estate includes facts about what has sold and what is for sale, as well as some interesting facts that you might not be aware of.  Not to mention, our Guide spotlights some benefits of living in Stanley.  As might be expected, most of this is interesting for buyers and sellers, but real estate investors and renters should also find these resources to be quite useful.

Our Broker Will Nesbitt

Will Nesbitt
Will Nesbitt

"I am by nature a trusting person, but this business has taught me to verify every statement that a tenant makes. Scammers and bad tenants can sometimes give every appearance of being trustworthy and upright people. We never cut corners on background checks." ~ Will Nesbitt

Julie Nesbitt

Realtor Julie Nesbitt

 I like tenants that pay on time. Late paying tenants cause extra work and unnecessary stress for landlords and property managers. ~ Julie Nesbitt